Greek Finance Minister
Economy
Greek Government to Accelerate Procedures for Bank Recapitalization
The Greek government is determined to accelerate procedures towards bank recapitalization and ensure that problems which appeared during similar procedures in the past will be avoided.
The goals and terms of a recapitalization process was at the epicenter of an...
Greece
Foreign Media Reports on Greek PM Tsipras' New Cabinet
According to foreign media reports, Greece’s newly re-elected Prime Minister Alexis Tsipras showed that he is planning on continuing on the path he already set before the elections, following the agreement lines. Most articles made note of the fact...
Business
Greek FinMin Christodoulakis Urges Business World to Invest in Greece
Greek Finance Minister Nikos Christodoulakis invited the business world to participate actively in the country’s effort to complete investments totaling up to 100 billion euros by 2020, during a speech at a debate organized by the Athens Chamber of...
Economy
Private Investors Should Participate in Share Capital Increases of Greek Banks
Private investors should participate in the new share capital increases of the Greek banks and avoid the scenario of nationalization, a senior official of the country’s central bank said on Tuesday, following a meeting between Greek Finance Minister Giorgos...
Greece
Economic Support for Greek Islands Receiving Most Migrants
Caretaker Finance Minister Nikos Christodoulakis on Thursday said islands receiving the bulk of migrants will be economically supported.
During a press conference on the refugee issue, Christodoulakis noted that officials of the Economy ministry will be transferred to to the Migration...
Economy
Greek FinMin: 'If Agreement Is Not Voted Today, I will Have to Request a Bridge Loan'
"I do not want to believe that there are powers in Greece that want to send us to a bridge loan," said Greek Finance Minister Euclid Tsakalotos on Thursday.
"We had the order to negotiate a new agreement. We did our duty and...
Economy
Greek FinMin: 'Difficult Agreement But We Have Commitment for Debt Restructuring'
Greek Finance Minister Euclid Tsakalotos addressing the parliament committees on Wednesday said that a few months ago Greece's partners did not even want to discuss the debt restructuring issue but with the new agreement we have a clear commitment...
Business
40,000 Greek Workers Fired or Suspended
The imposition of capital controls delivered the last blow to the public construction projects, leading to many cancellations, even in sites that operated normally until yesterday. The main reason behind the cancellations is that there is no way for...
Economy
Most Likely Greece's Next Finance Minister
After Yanis Varoufakis' resignation, Greek negotiations team member Euclid Tsakalotos is the most likely person rumored to become Greece's next Greek finance minister.
According to Greek government sources Tsakalotos is expected to take over today after an emergency Greek party leaders...
Economy
Greek FinMin Varoufakis and Hellenic Bank Association: Haircut Reports 'Baseless'
Greek Finance Minister Yanis Varoufakis and Hellenic Bank Association President Louka Katseli have refuted a Financial Times report regarding a 30% haircut on Greek deposits.
The report is “baseless” said the Hellenic Bank Association President, stating that she had also contacted...